OUR TOP 5 FOR BUYING B.I.K.E.S.
IT'S NOW YOURS
KEEP IT INSURED
ENSURE IT'S SECURE
STAY UP TO DATE
When you are ready to purchase your pride and joy, the last thing you want is for something to go wrong. Here are a few recommendations to help minimise your risk*
Step One: Before Purchasing
- Check that there is no finance owing on the bike (unencumbered)
You can look this up at https://transact.ppsr.gov.au/ you may be charged a small fee.
- Take it to a mechanic to have a check done, they can also provide you with a valuation.
- Check its roadworthiness and check registration
(Tasmanian rego website https://www.transport.tas.gov.au/)
Step Two: It’s Now Yours
- When purchasing a motorcycle privately, ideally pay via bank transfer for record of payment.
- If you’re paying in cash, get a receipt (handwritten is fine) signed by both parties.
- Use a registration disposal form and take photos of the disposal form.
- If your purchase is from an online advertisement, take a screenshot of it.
- Take a photo of your new motorcycle with a time stamp.
- Take a photo of your new motorcycles VIN.
Step Three: Keep it Insured
- If buying from a dealer or showroom, use their in-house insurance or call your provider and let them know about your new purchase. Ensure you have a cover note before you leave with your bike, don’t wait! Accidents do happen on the way home!
- If buying privately, take your bike to a dealer to get a valuation done and/or notify your insurance company of your purchase.
- Study and keep your policy and policy disclosure statement (PDS) handy.
- Add your insurers phone number to your mobile phone (you may need this to make a claim!)
Step Four: Ensure its Secure
- Does your garage have a lock? Does your bike have a security system? Security is an important factor when insuring your bike that will determine your premium.
- Particularly with dirt bikes - ensure the bike is stored behind a lockable gate and is locked to a fixture if it cannot be stored in a lockable garage or shed. Check with your insurer for specifics on your policy.
- Additionally for dirt bikes -if your bike is in transit (on a trailer that is not fully covered) and left unattended, make sure it is locked to the trailer or vehicle (bike chain lock, or disc locks).
Failure to do this may result in your insurance theft claim being denied. Tie downs are sometimes not enough. Check with your insurer for specifics on your policy.
- If your bike does get stolen and then recovered, make sure you let the police, the insurer and Service Tasmania know, as the bike will still be listed as stolen and not covered under insurance or road registration (MAIB).
Step five: Stay up to Date
- If you get any modifications or upgrades done to your bike, for example new exhaust pipes, stage kits, non-standard wheels etc - make sure you update your policy to reflect this. You want to make sure your bike is insured at the correct value.
- If you change address, update your insurance straight away.
*This is a guide only, check with your insurer for specifics relating to your policy and the above suggestions.
Contact Bron to for a quote on insuring your motorcycle today
(03) 6344 4524 or email email@example.com